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16 Sentences With "be overdrawn"

How to use be overdrawn in a sentence? Find typical usage patterns (collocations)/phrases/context for "be overdrawn" and check conjugation/comparative form for "be overdrawn". Mastering all the usages of "be overdrawn" from sentence examples published by news publications.

"Our bank account is going to be overdrawn," Ms. Lindahl said.
" Still, he noted that the conclusion about functional connectivity in the brain may be "overdrawn.
Where Trump and Johnson differ But while Trump frequently praises Johnson and both are seen as populists of the same mold, the comparisons can be overdrawn.
Because I had set up so many auto deductions to pay various bills, I took my time closing the account so it wouldn't be overdrawn and generate overdraft fees.
Lessons from off-year elections can be overdrawn, but the Virginia race strongly suggests that Republicans running in swing states will have to choose a side rather than try to straddle an uncomfortable line.
And while the bank won't let the customer's checking account be overdrawn by a loan payment, she said, the payment itself could cause the account's balance to shrink so low that subsequent bills cause overdrafts.
In India, banks offer cash credit accounts to businesses to finance their "working capital" requirements (requirements to buy raw materials or "current assets", as opposed to machinery or buildings, which would be called "fixed assets"). The cash credit account is similar to current accounts as it is a running account (i.e., payable on demand) with cheque book facility. But unlike ordinary current accounts, which are supposed to be overdrawn only occasionally, the cash credit account is supposed to be overdrawn almost continuously.
In the United States, some consumer reporting agencies such as ChexSystems, Early Warning Services, and TeleCheck track how people manage their checking accounts. Banks use the agencies to screen checking account applicants. Those with low debit scores are denied checking accounts because a bank cannot afford an account to be overdrawn.
In the United States some consumer reporting agencies such as ChexSystems, Early Warning Services, and TeleCheck track how people manage their checking accounts. Banks use the agencies to screen checking account applicants. Those with low debit scores are denied checking accounts because a bank can not afford an account to be overdrawn.
Visa Electron is a debit card product that uses the Visa payment system. It is offered by issuing banks in every country with the exception of Canada, Australia, Argentina, Ireland and the United States. The difference between Visa Electron and Visa Debit, a similar product, is that payments with Visa Electron require that all the funds be available at the time of transfer, i.e., Visa Electron card accounts may not normally be overdrawn.
A player exceeding 21 is said to be 'overdrawn'. When the dealer has gone around everyone else, he turns his own cards face up and may stand or add to his hand as well. Those scoring the same or less, pay him their stake; those scoring more receive the same amount as their stake from the dealer and those who have a vingt-un receive double. If by drawing, the dealer scores exactly 21, he receives double stakes, excepting any ties and those who have already thrown up.
When a bad cheque is drawn, the cheque writer may be charged a fee by their financial institution. If paying the item puts the account holder in a negative status by a relatively small amount, the bank may choose to honor the cheque. When this occurs, the account will be overdrawn, and the fees charged by the bank will place an extra burden on the account until the overdraft is covered. If the paying of the item would render the account significantly overdrawn, the bank may choose not to honor the cheque.
In the United States some consumer reporting agencies such as ChexSystems, Early Warning Services, and TeleCheck have been providing cheque verification services that track how people manage their checking accounts. Banks use the agencies to screen checking account applicants. Those with low debit scores are denied checking accounts because a bank can not afford an account to be overdrawn. In the United Kingdom, in common with other items such as Direct Debits or standing orders, dishonoured cheques can be reported on a customer's credit file, although not individually and this does not happen universally amongst banks.
A savings account is a bank account at a retail bank whose features include the requirements that only a limited number of withdrawals can take place, it does not have cheque facilities and usually do not have a linked debit card facility, it has limited transfer facilities and cannot be overdrawn. Traditionally, transactions on savings accounts were widely recorded in a passbook, and were sometimes called passbook savings accounts, and bank statements were not provided; however, currently such transactions are commonly recorded electronically and accessible online. People deposit funds in savings accounts for a variety of reasons, including as a safe place where to hold their cash. Savings accounts normally pay interest.
Starting out from school and working in the construction industry, after the then Durham-based Mileson was made redundant in 1982, he set up his first construction firm, before branching out into insurance. Although estimates of his wealth varied, he was said to have sold two companies for £17m and £48.6m, with the highest tabloid estimates at over £75 million, according to a profile in The Sun.'' Towards the end of his tenure at Gretna, Mileson was reported to be heavily in debt, with his personal bank account reported to be overdrawn by almost half a million pounds. Mileson was posthumously declared bankrupt in February 2010, after a businessman who was owed £1.85 million by Mileson made an application to Carlisle County Court.
The ruling was based on the legal fiction that, if an account is in credit, the first sum paid in will also be the first to be drawn out and, if the account is overdrawn, the first sum paid in is allocated to the earliest debit on the account which caused the account to be overdrawn. It is generally applicable in cases of running accounts between two parties, e.g., a banker and a customer, moneys being paid in and withdrawn from time to time from the account, without any specific indication as to which payment out was in respect of which payment in. In such case, when final accounts, which may run over several years, are made up, debits and credits will be set off against one another in order of their dates, leaving only a final balance to be recovered from the debtor by the creditor.

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